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USDCAD Price Breaches the Resistance – Forecast for June 27, 2024

USDCAD Price Analysis Expected Scenario The USDCAD price showed clear positive movement yesterday, breaching the $1.3690 resistance level and settling above it. This move halts the...

CHFJPY Settles Below the Support – Forecast for June 27, 2024

CHFJPY Price Analysis Expected Scenario The CHFJPY price encountered a strong barrier at 179.25, preventing a continuation of the bullish momentum and prompting the formation of...

Which Money Is the Highest Value in the World?

Currency value is a crucial factor in the global economy, impacting trade, investment, and everyday transactions. The value of a currency can influence economic...

EURJPY Maintains Sideways Movement – June 26, 2024

EURJPY Price Analysis The EURJPY pair traded within narrow ranges yesterday, oscillating between the additional support at 170.70 and the solid resistance at 171.60. The...

CADCHF Nears Significant Resistance – June 26, 2024

CADCHF Price Analysis Recent movements in the CADCHF price have seen multiple corrective bullish waves, pushing above the MA55 indicator and settling near 0.6555. Notably,...

GBPJPY Resumes Upward Momentum – June 26, 2024

GBPJPY Price Analysis The GBPJPY pair has resumed its upward momentum, achieving additional gains and reaching 202.87. This confirms its adherence to a bullish bias,...

Nvidia Shares Surge Nearly 7% Following Market Rebound from $430 Billion Slump

Nvidia (NASDAQ:NVDA) saw its shares climb nearly 7% on Tuesday, reversing a three-day decline that had wiped out approximately $430 billion from the company's...

GBP/JPY Touches First Target – Forecast for June 25, 2024

GBP/JPY Price Analysis Expected Scenario The GBP/JPY pair experienced a brief corrective bearish wave yesterday but stabilized above the additional support level of 201.40. It successfully...

EUR/JPY Approaches Target – Forecast for June 25, 2024

EUR/JPY Price Analysis Expected Scenario The EUR/JPY pair has continued its bullish movement after surpassing the 170.90 barrier, approaching the first additional target of 171.60 yesterday....

EUR/GBP Repeats Negative Closings – Forecast for June 25, 2024

EUR/GBP Price Analysis Expected Scenario The EUR/GBP pair remains consolidated within a minor bearish channel, currently influenced by the strong resistance at the 0.8485 level. This...

Which is the Most Unsafe Currency?

The global economy operates on a complex network of currencies, each representing the economic health and stability of its respective country. However, not all...

What Lot Size Should I Use in Forex Trading?

Forex trading, the practice of trading currencies, is one of the largest and most liquid financial markets in the world. One of the key...

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